Back in 2009, when the first cryptocurrency – bitcoin – was launched, this (then) new technology promised financial sovereignty.Â
The disruptive nature of the blockchain – the mechanism that allows bitcoin and other cryptos to anonymously operate – seemed to make it possible for individuals to truly ‘own’ their wealth.
But lately, we have seen more and more attempts to steal cryptos – think hacks into online crypto exchanges and wallets...
In addition, governments all around the world are issuing more regulations and requirements for crypto exchanges to surveil those who hold crypto assets. And most mainstream exchanges willingly embrace these surveillance measures.Â
But it is still possible to acquire – and hold – your crypto assets in a more private manner.Â
And that’s what today’s Black Paper is about: outlining the different steps you can take to make sure that no one can illegally obtain your cryptos, by adding an extra layer of privacy around your crypto assets.
Note that none of these potential solutions should be considered as encouragement for tax avoidance or any illegal activity. If you made any capital gains on your cryptos, we encourage you to talk to a local CPA in the country where you're a tax resident.Â
That said, we do believe that privacy is a prerequisite for liberty. We believe that it is a right that every individual should have and protect.Â
And we understand that an important reason for many people to consider cryptos in the first place is the privacy factor.Â
But as the years passed, cryptos have become less and less private. Or better said: the way people acquire and use cryptos became less private.
Check out this Black Paper, which will help you ‘regain’ some of that lost privacy.
Back in 2009, when the first cryptocurrency – bitcoin – was launched, this (then) new technology promised financial sovereignty. The disruptive nature of the blockchain – the mechanism that allows bitcoin and other cryptos to anonymously operate – seemed to make it possible for individuals to truly ‘own’ their wealth. But lately, we have seen…